America's beef cow inventory has steadily declined over the last half-decade, reaching 64-year lows and signaling a deepening crisis across the cattle industry.

Markets are bullish in the long-term, but very bearish in the short-term. Combine that with a “hidden” clue on the tick charts, and it’s easy to see why these Bull & Bear Traps are my favorite trades for tomorrow!

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, December 10.

The markets continue to work their way towards what I believe will be a more significant high and that being Intermediate 3rd waves.

This robust economic vigour suggests the Federal Reserve may not slash rates as dramatically or rapidly as its global counterparts, a scenario that’s solidly propping up the dollar.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.20 on Wednesday.

EUR/USD shed close to 0.2% on Tuesday, chalking in a third straight declining trading day and testing down into the 1.0500 handle as the Euro’s near-term bullish recovery fizzles out.

Silver price climbed some 0.19% on Tuesday yet failed to clear the $32.00 hurdle after hitting a three-week high of $32.27 at the beginning of the week.

An Israeli company, Stratasys Ltd., saw shares climb after the company raised its earnings outlook for the year and unexpectedly turned an adjusted profit in the third quarter. 

Governments don’t need to hold reserves of Bitcoin or gold. In fact, the government doesn’t need to save money at all because it has a printing press.

Excluding shelter, inflation is about average compared with the decade before the pandemic. Shelter remains the big issue, and there is every reason to believe it will continue to decelerate.

The Chinese are trying to spur growth in their economy, in part by spurring net exports. Appreciation works against this.

Gold rallied sharply higher up to key overhead resistance. Silver moved sideways.

The headline Optimism Index surged by 8 points month-over-month for its biggest jump since 1980 and up to the highest level since June 2021. 

A break and hold below 90,000 could see a retest of major support at 70,000, or, at least, a pullback from its high of 103,990 to around 86,995.

We've seen a big shift in sentiment over the past few sessions, with players moving from enthusiastically bullish to increasingly concerned with downside risks in the market.

There are solid developments in the gold market that could send the price of gold soaring well past $3,000.

Elevated equity valuations make the U.S. market vulnerable to negative surprises, and further dollar strength will challenge emerging markets.

The Chinese market is much more dominated by physical trading, whereas the western hemisphere is dominated by 'paper Gold' (certificates and futures).

Stocks continued their sluggish price action today, with all three major indexes finishing modestly lower.